Duelbits.com | Casino & Sportsbook | VIP | Instant withdrawals! - page 242.

dezoel

legendary

Activity: 2044

Merit: 1075

Leading Crypto Sports Betting & Casino Platform

Quote from: serjent05 on August 25, 2022, 01:56:48 AM

Quote from: pawanjain on August 24, 2022, 07:37:18 AM

In my opinion there are 3 kinds of people posting about crypto on social media.

1. The people who wants to earn something by getting referrals on platforms they are on
2. Scammers who want to lure newbies into some kind of get rich quick scheme and scam them
3. Influencers providing analysis because they have bought those coins and want it to spike and profit out of it

Other than this there won't be anybody posting about crypto on social media if they are true crypto users.

I highly agree that it is for money why people are posting about cryptocurrency on social media. If there is no chance to make money on these coins then there is no purpose in posting them. Even developers create projects for monetary gain. If you have not noticed, there are lots of cryptocurrency project that has no initial budget had been launched asking for crowdfunding.

Anyway, what is the connection of this discussion to Duelbits?

He forget to post the fourth one and that is those people who are not after the money but they only spread crypto information for the sake of their friends to learn it so that they can also enjoy the benefits of cryptos. Money is not all you know and even satoshi built crypto not because of personal gain but he is concerned about us that we are being a slaved to the banking system.

About those who create a project without anything on them. I think it's inappropriate to fully depend on others. Better if they don't try to because they are not being forced in the first place but they also aren't forcing anybody to donate/invest on them.

Bitinity

legendary

Activity: 3066

Merit: 1312

Quote from: worle1bm on August 27, 2022, 12:25:01 AM

Do we also need to give proof for the Instagram follow or simply follow it and have the duelbits account? This is really big giveaway and whosoever is lucky will get that $10k from your side so hopes are high this time also and will see who gets this lucky opportunity to made his day.Is there any time limit for the same?

Simply follow the instructions posted in the instagram post as well as in the promotion page. I believe once the winner is drawn, duelbits will contact the winners through their instagram account and they will ask your duelbits user ID. The draw will be done next Monday (29^th) so be quick to follow the instruction before Monday, sooner will be better so you will not miss it.

worle1bm

full member

Activity: 1834

Merit: 166

Do we also need to give proof for the Instagram follow or simply follow it and have the duelbits account? This is really big giveaway and whosoever is lucky will get that $10k from your side so hopes are high this time also and will see who gets this lucky opportunity to made his day.Is there any time limit for the same?

BitcoinHunt3r

legendary

Activity: 2954

Merit: 1155

Leading Crypto Sports Betting & Casino Platform

Quote from: duelbits on August 26, 2022, 12:11:28 PM

Duelbits is delighted to be the Official Betting Partner of KSI vs Swarmz & KSI vs Pineda.
Two fights in one night, so what better way to celebrate than with a $10,000 giveaway hosted by Deji!
Make sure to follow the required steps to be eligible.
1. Create a duelbits.com account
2. Follow
@Duelbits on Instagram https://www.instagram.com/duelbits/?hl=en
One lucky winner will win $10,000!
Fancy a bet on KSI? Check out odds here!
https://duelbits.com/sportsbook/boxing/match/35542637-Olatunji-Olajide-vs-Scott-Brandon

Other big news and good achievement Duelbits, but why do we only have 1 winner $ 10,000 for 3 winners is not a bad idea right Cheesy

But yes this is just a suggestion that the decision remains on the duelbits and we are waiting for other attractive promos

duelbits

copper member

Activity: 245

Merit: 145

https://duelbits.com

Duelbits is delighted to be the Official Betting Partner of KSI vs Swarmz & KSI vs Pineda.
Two fights in one night, so what better way to celebrate than with a $10,000 giveaway hosted by Deji!
Make sure to follow the required steps to be eligible.
1. Create a duelbits.com account
2. Follow
@Duelbits on Instagram https://www.instagram.com/duelbits/?hl=en
One lucky winner will win $10,000!
Fancy a bet on KSI? Check out odds here!
https://duelbits.com/sportsbook/boxing/match/35542637-Olatunji-Olajide-vs-Scott-Brandon

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: xSkylarx on August 26, 2022, 02:32:51 AM

Quote from: worle1bm on August 26, 2022, 12:07:34 AM

Everyone is concerned with their privacy and you need to submit your documents along with your selfies also holding the identity document which could be serious problem if something bad happens in future so people don't want to go through the same.We have seen many hacks and your information can be used in illegal works so being anonymous is priority of many.

This is why we should be wary on what platforms we submit our private information. We can't really avoid these KYC regulations because AMLC require those information and gambling websites also need to protect their business from criminals that will use their platform for illegal activities. We should just chose a reputable gambling website on doing KYC verification because they have less risk of being hacked.

All will be decided by the gambler when they truly trusting the casino. They will not be worried about

submitting their private information, KYC for doing business with the casino nowadays is something that you needed to comply
though not just a casino, but also exchange who needs to ask for verification to complete.

You need to be more selective and make sure that you are done with doing your research, even though we can't do anything in
cases like hacking, as those private info can be leaked out from the black-market.

Solosanz

hero member

Activity: 952

Merit: 662

Quote from: erep on August 26, 2022, 06:19:48 AM

Every KYC rules to avoid AML but you should be selective to use top reputable casino platforms and we should avoid KYC for new casinos even though they offer high signup bonuses. I think before KYC officially applies to every casino player, the casino team should educate the purpose of KYC through videos so that users don't have negative assumptions about KYC verification.

Is there anyone really worried to do KYC verification? most of them only lazy enough to complete it and they're don't care anything since there's no one of their family have suffer of illegal use of their KYC. It's like someone asking you to pay the loan while you never ask a loan or someone force you to go jail since you're breaking a law etc. I think we're live in where a privacy already get exposed everyday.

erep

hero member

Activity: 2436

Merit: 607

Quote from: xSkylarx on August 26, 2022, 02:32:51 AM

This is why we should be wary on what platforms we submit our private information. We can't really avoid these KYC regulations because AMLC require those information and gambling websites also need to protect their business from criminals that will use their platform for illegal activities. We should just chose a reputable gambling website on doing KYC verification because they have less risk of being hacked.

Every KYC rules to avoid AML but you should be selective to use top reputable casino platforms and we should avoid KYC for new casinos even though they offer high signup bonuses. I think before KYC officially applies to every casino player, the casino team should educate the purpose of KYC through videos so that users don't have negative assumptions about KYC verification.

FanEagle

legendary

Activity: 3066

Merit: 1129

VPN Friendly & Exclusive Bonuses!

Quote from: FatFork on August 25, 2022, 01:21:33 PM

While there is a certainly a lot of debate over the benefits and downsides of governmental tracking of personal information such as names, addresses, etc. (particularly in terms of its implications for user privacy), the need for KYC must be balanced against the right to privacy. As such, it's important to ensure that KYC regulations are as minimal as possible while still providing enough data for financial institutions to effectively do their jobs. In the case of cryptocurrency casinos, the companies are required to verify user's identities in order to comply with KYC/AML laws. However, there is a growing demand for more privacy-oriented casinos that do not require any personal information from their users.

Ultimately, it's likely going to end up being a mix of both. Complete anonymity may be impossible in the near future as cryptocurrency casinos and other related companies require some degree of individual identification in order to comply with KYC/AML laws. On the other hand, a more private-oriented casino run on blockchain technology might be able to provide an alternative for those who feel strongly about privacy.

That is a very very tough thing to balance. Like maybe instead of having all of our KYC, we could have like some sort of database of "criminals" which means we could give some ID number of us or whatever and then we would compare that with the criminal database and if we are not criminals then we wouldn't have to do the whole KYC thing with pictures and what not.

If you are worried that criminals wouldn't give their ID, then you should realize that they won't give their KYC neither to begin with lol. I mean if I killed someone or dealt drugs or whatever bad thing I did, you really think it could be caught on KYC? No way, that doesn't make sense at all to me for sure.

xSkylarx

hero member

Activity: 2366

Merit: 594

Quote from: worle1bm on August 26, 2022, 12:07:34 AM

Everyone is concerned with their privacy and you need to submit your documents along with your selfies also holding the identity document which could be serious problem if something bad happens in future so people don't want to go through the same.We have seen many hacks and your information can be used in illegal works so being anonymous is priority of many.

This is why we should be wary on what platforms we submit our private information. We can't really avoid these KYC regulations because AMLC require those information and gambling websites also need to protect their business from criminals that will use their platform for illegal activities. We should just chose a reputable gambling website on doing KYC verification because they have less risk of being hacked.

worle1bm

full member

Activity: 1834

Merit: 166

Quote from: wxa7115 on August 25, 2022, 11:10:43 PM

Quote from: erep on August 25, 2022, 01:08:40 PM

Quote from: Betwrong on August 25, 2022, 05:28:36 AM

Maybe we are not there yet, but I think in the future , trying to avoid gambling platforms with KYC can be dangerous. Scammers will be trying to exploit this, almost irrational, fear of losing privacy, offering platforms with no KYC.

All require the process of implementing KYC regulations like in previous exchange platforms, everyone refuses to provide personal data but when the top exchange raises the status of the obligation to verify KYC to access deposits and withdrawals, the other alternative is to just trade on other lower volume exchanges. So gambling platforms must ensure that KYC is harmless and will not be misused for negative purposes, ensure that user data can be encrypted and stored in external data (not online) to increase the security system from hackers.

While I have no doubt that a lot of people do not really like to comply with know your customer regulations out of principle, because they do not think that they are doing anything that would require for them to go through that process, I'm sure there are many people that do not like the idea of those policies because of the huge amount of hacks that we have seen over the years.

Businesses ask for all kind of personal details with the excuse that they have to do it but they do not take the time to secure that data, get hacked and now hackers all over the world have access to it and there is nothing you can do about it, so if any business is going to ask for that kind of information they better make sure they do everything they can to protect their customers from a security threat like that.

Everyone is concerned with their privacy and you need to submit your documents along with your selfies also holding the identity document which could be serious problem if something bad happens in future so people don't want to go through the same.We have seen many hacks and your information can be used in illegal works so being anonymous is priority of many.

Beparanf

hero member

Activity: 2996

Merit: 808

Quote from: wxa7115 on August 25, 2022, 11:10:43 PM

Quote from: erep on August 25, 2022, 01:08:40 PM

Quote from: Betwrong on August 25, 2022, 05:28:36 AM

Maybe we are not there yet, but I think in the future , trying to avoid gambling platforms with KYC can be dangerous. Scammers will be trying to exploit this, almost irrational, fear of losing privacy, offering platforms with no KYC.

All require the process of implementing KYC regulations like in previous exchange platforms, everyone refuses to provide personal data but when the top exchange raises the status of the obligation to verify KYC to access deposits and withdrawals, the other alternative is to just trade on other lower volume exchanges. So gambling platforms must ensure that KYC is harmless and will not be misused for negative purposes, ensure that user data can be encrypted and stored in external data (not online) to increase the security system from hackers.

While I have no doubt that a lot of people do not really like to comply with know your customer regulations out of principle, because they do not think that they are doing anything that would require for them to go through that process, I'm sure there are many people that do not like the idea of those policies because of the huge amount of hacks that we have seen over the years.

Businesses ask for all kind of personal details with the excuse that they have to do it but they do not take the time to secure that data, get hacked and now hackers all over the world have access to it and there is nothing you can do about it, so if any business is going to ask for that kind of information they better make sure they do everything they can to protect their customers from a security threat like that.

This is true and worst was data being sold to other company for marketing purposes. There’s a lot of news about this before that company selling costumer data so that they can send emails on it for promotion.Hacking can happened on any website in fact government website is always prone to this so I understand if company made some mistakes like security breach because it’s really possible online but selling our KYC info is the worst nightmare that everyone wants to avoid especially if t he owner itself is the one who’s committing this action.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: erep on August 25, 2022, 01:08:40 PM

Quote from: Betwrong on August 25, 2022, 05:28:36 AM

Maybe we are not there yet, but I think in the future , trying to avoid gambling platforms with KYC can be dangerous. Scammers will be trying to exploit this, almost irrational, fear of losing privacy, offering platforms with no KYC.

All require the process of implementing KYC regulations like in previous exchange platforms, everyone refuses to provide personal data but when the top exchange raises the status of the obligation to verify KYC to access deposits and withdrawals, the other alternative is to just trade on other lower volume exchanges. So gambling platforms must ensure that KYC is harmless and will not be misused for negative purposes, ensure that user data can be encrypted and stored in external data (not online) to increase the security system from hackers.

While I have no doubt that a lot of people do not really like to comply with know your customer regulations out of principle, because they do not think that they are doing anything that would require for them to go through that process, I'm sure there are many people that do not like the idea of those policies because of the huge amount of hacks that we have seen over the years.

Businesses ask for all kind of personal details with the excuse that they have to do it but they do not take the time to secure that data, get hacked and now hackers all over the world have access to it and there is nothing you can do about it, so if any business is going to ask for that kind of information they better make sure they do everything they can to protect their customers from a security threat like that.

goaldigger

sr. member

Activity: 2422

Merit: 357

Quote from: crzy on August 25, 2022, 04:18:17 PM

Quote from: Jating on August 25, 2022, 04:15:07 PM

I think that is one of the main concerns of individuals who doesn't want to provide their KYC in any services. Just like what we have heard horror stories in the past years wherein KYC was asked by the exchanges and then they don't know how to protect it as the data has been stolen. EU for example have this one:

https://ec.europa.eu/info/law/law-topic/data-protection/data-protection-eu_en

But so far though, I haven't heard any crypto gambling platform being hacked or our data being leaked. And hopefully there are storing those data of their customers in a safe place and one of reach by anyone.

We cannot sure about the safety of our data and it’s good that Duelbits still free from KYC though it can still be asked later on but I’m confident that we can be more secured with Duelbits. Thought the concern is the safety which is I understand why, let’s just hope for the best and hoping that any crypto gambling site will protect our data to the highest security, this is a big concern for everyone.

Any gambling site can ask for a KYC especially if your account get flagged, either you comply or abandoned your account that is your choice. Security will always be the top concern of everyone and in gambling we all know our private data is very important. Even though there’s no incident yet about gambling getting hacked, there’s still a possibility for this, that’s why the site should also invest on a high security system so they retain their players.

crzy

full member

Activity: 2128

Merit: 180

Quote from: Jating on August 25, 2022, 04:15:07 PM

Quote from: erep on August 25, 2022, 01:08:40 PM

Quote from: Betwrong on August 25, 2022, 05:28:36 AM

Maybe we are not there yet, but I think in the future , trying to avoid gambling platforms with KYC can be dangerous. Scammers will be trying to exploit this, almost irrational, fear of losing privacy, offering platforms with no KYC.

All require the process of implementing KYC regulations like in previous exchange platforms, everyone refuses to provide personal data but when the top exchange raises the status of the obligation to verify KYC to access deposits and withdrawals, the other alternative is to just trade on other lower volume exchanges. So gambling platforms must ensure that KYC is harmless and will not be misused for negative purposes, ensure that user data can be encrypted and stored in external data (not online) to increase the security system from hackers.

I think that is one of the main concerns of individuals who doesn't want to provide their KYC in any services. Just like what we have heard horror stories in the past years wherein KYC was asked by the exchanges and then they don't know how to protect it as the data has been stolen. EU for example have this one:

https://ec.europa.eu/info/law/law-topic/data-protection/data-protection-eu_en

But so far though, I haven't heard any crypto gambling platform being hacked or our data being leaked. And hopefully there are storing those data of their customers in a safe place and one of reach by anyone.

We cannot sure about the safety of our data and it’s good that Duelbits still free from KYC though it can still be asked later on but I’m confident that we can be more secured with Duelbits. Thought the concern is the safety which is I understand why, let’s just hope for the best and hoping that any crypto gambling site will protect our data to the highest security, this is a big concern for everyone.

Jating

hero member

Activity: 2842

Merit: 772

Quote from: erep on August 25, 2022, 01:08:40 PM

Quote from: Betwrong on August 25, 2022, 05:28:36 AM

Maybe we are not there yet, but I think in the future , trying to avoid gambling platforms with KYC can be dangerous. Scammers will be trying to exploit this, almost irrational, fear of losing privacy, offering platforms with no KYC.

All require the process of implementing KYC regulations like in previous exchange platforms, everyone refuses to provide personal data but when the top exchange raises the status of the obligation to verify KYC to access deposits and withdrawals, the other alternative is to just trade on other lower volume exchanges. So gambling platforms must ensure that KYC is harmless and will not be misused for negative purposes, ensure that user data can be encrypted and stored in external data (not online) to increase the security system from hackers.

I think that is one of the main concerns of individuals who doesn't want to provide their KYC in any services. Just like what we have heard horror stories in the past years wherein KYC was asked by the exchanges and then they don't know how to protect it as the data has been stolen. EU for example have this one:

https://ec.europa.eu/info/law/law-topic/data-protection/data-protection-eu_en

But so far though, I haven't heard any crypto gambling platform being hacked or our data being leaked. And hopefully there are storing those data of their customers in a safe place and one of reach by anyone.

FatFork

legendary

Activity: 1820

Merit: 2700

Crypto Swap Exchange

Quote from: Eureka_07 on August 25, 2022, 12:49:03 PM

Quote from: worle1bm on August 24, 2022, 12:09:57 AM

KYC has been major concern in the crypto space because people want to be anonymous so they were playing in this crypto world but then under the AML policies and all that stuff KYC was implemented <>

KYC is implemented much broader in today's settings. This is because these entities (crypto casinos) do wants to get licensed, hence it will be regulated by a governing body, another domino effect is the KYC implementation. I must say that now I have more trust on casinos that has legitimate license than those that do not own any. You can't chase and lawsuit those casinos which you do not even know if ever you will be in the scenario in which you haven't paid, fooled, cheated, etc.

While there is a certainly a lot of debate over the benefits and downsides of governmental tracking of personal information such as names, addresses, etc. (particularly in terms of its implications for user privacy), the need for KYC must be balanced against the right to privacy. As such, it's important to ensure that KYC regulations are as minimal as possible while still providing enough data for financial institutions to effectively do their jobs. In the case of cryptocurrency casinos, the companies are required to verify user's identities in order to comply with KYC/AML laws. However, there is a growing demand for more privacy-oriented casinos that do not require any personal information from their users.

Ultimately, it's likely going to end up being a mix of both. Complete anonymity may be impossible in the near future as cryptocurrency casinos and other related companies require some degree of individual identification in order to comply with KYC/AML laws. On the other hand, a more private-oriented casino run on blockchain technology might be able to provide an alternative for those who feel strongly about privacy.

erep

hero member

Activity: 2436

Merit: 607

Quote from: Betwrong on August 25, 2022, 05:28:36 AM

Maybe we are not there yet, but I think in the future , trying to avoid gambling platforms with KYC can be dangerous. Scammers will be trying to exploit this, almost irrational, fear of losing privacy, offering platforms with no KYC.

All require the process of implementing KYC regulations like in previous exchange platforms, everyone refuses to provide personal data but when the top exchange raises the status of the obligation to verify KYC to access deposits and withdrawals, the other alternative is to just trade on other lower volume exchanges. So gambling platforms must ensure that KYC is harmless and will not be misused for negative purposes, ensure that user data can be encrypted and stored in external data (not online) to increase the security system from hackers.

Eureka_07

sr. member

Activity: 1764

Merit: 260

Quote from: worle1bm on August 24, 2022, 12:09:57 AM

KYC has been major concern in the crypto space because people want to be anonymous so they were playing in this crypto world but then under the AML policies and all that stuff KYC was implemented <>

KYC is implemented much broader in today's settings. This is because these entities (crypto casinos) do wants to get licensed, hence it will be regulated by a governing body, another domino effect is the KYC implementation. I must say that now I have more trust on casinos that has legitimate license than those that do not own any. You can't chase and lawsuit those casinos which you do not even know if ever you will be in the scenario in which you haven't paid, fooled, cheated, etc.

Lucasgabd

legendary

Activity: 2506

Merit: 1113

There's no need to be upset

Quote from: darewaller on August 24, 2022, 07:34:24 AM

Quote from: Solosanz on August 23, 2022, 09:28:32 AM

Quote from: Betwrong on August 23, 2022, 05:15:17 AM

Freedom of speech is not absolute. Google it. So, to keep order in our society, we have to give up our freedom to say some things. Same here with KYC on gambling sites. In order to stop money laundering, financing of terrorism and some other bad stuff we agree to give up some of our privacy. Just a little bit of it, actually. Because no one is gonna see your KYC data unless there is a police warrant.

I tend to agree since more and more we're already losing privacy due to governments, anyone even posted his address and where's his live in social media lol. I mean, they're self exposing their privacy and I think it's already become a normal habit due to flex life style. I don't think there's so much difference between centralized exchanges and casinos, after all it's had relation with crypto. If anyone really had 100% privacy concern, why they're playing on centralized casino?

I mean just the images that we post to instagram would be cool enough for any governmental agency. Just manage to do something like government tracking of people and appointing which instagram is owned by which citizen and you got yourself such a big data that you would be going crazy.

I am not saying that it will be like that forever but it is definitely not something that I would be unwilling to wager they are not already doing. At the end of the day, just focus on the fact that KYC is a big deal of course but only if you are hiding something, if you have nothing to hide then there is no reason why not share everything you could be sharing about yourself with the proper places (not with scammers of course).

but still this is a dangerous way to think (I'll give up privacy because I have nothing to hide)
because of many things:
everyone has something to hide (even if just their private keys)
you may have nothing to hide now but have something to hide in the future
it's hard to conquer privacy again if we give up on it completely

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